Dropbox, Inc.

DBX Technology Software Infrastructure

Dropbox, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.5 billion, down 1.07% from fiscal 2024.

Revenue
+0.93%
EPS
−6.52%
Free cash flow
−10.3%
Total debt
+35.3%

Quarter to June 2026, against a year earlier

34.96 0.68 −1.91%
Market cap
$7.6B
P/E
19.2×
Fwd P/E
20.7×
Dividend yield
—
F-score
7/9
Altman Z
0.48
Beneish M
−3.07
Dividend safety
n/a

Dropbox, Inc. (DBX) Return on invested capital

Alert me on Return on invested capital

Dropbox, Inc.'s return on invested capital over the twelve months to 30 June 2026 was 271.8%, up 56.6 percentage points from fiscal 2025 (215.2%). Over the past ten years it has ranged from −436.6% (fiscal 2016) to 1,374.2% (fiscal 2023); the current reading is higher than 91% of that period. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 215.2% 71.50
FY2024 143.7% (1,230.49)
FY2023 1,374.2% 1,175.09
FY2022 199.1% 199.14
FY2021 0.00% 0.00
FY2020 0.00% 0.00
FY2019 0.00% 0.00
FY2018 0.00% 0.00
FY2017 0.00% 436.60
FY2016 −436.6% (436.60)

Against its own ten years

Low −436.6% High 1,374.2%
Ten-year median 0.00%
Current reading's percentile 91

Return on invested capital against peers

Company Return on invested capital
DBX Dropbox, Inc. 271.8%
QLYS Qualys, Inc. compare 111.1%
PATH UiPath, Inc. compare 14.4%
DOX Amdocs Limited compare 9.39%
ZETA Zeta Global Holdings Corp. compare 1.89%
GTLB GitLab Inc. compare 0.00%
PAYP PayPay Corporation compare 0.00%
NTSK Netskope Inc. compare 0.00%
S SentinelOne, Inc. compare −25.5%
Software Infrastructure industry median 0.00%
Technology sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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